Author Archives: Syndicated Content
South Asia's jobs creation lags population growth, says World Bank
By Uditha Jayasinghe COLOMBO (Reuters) - Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks "squandering its...
Apr 02, 2024
World Bank raises Sri Lanka's growth forecast to 2.2% for 2024
By Uditha Jayasinghe COLOMBO (Reuters) - The World Bank raised its forecast for Sri Lanka's economy on Tuesday, projecting a growth of 2.2% for 2024, as the crisis-hit nation makes a faster-than-expec...
Apr 02, 2024
Japan's money printing slows as BOJ moves away from radical stimulus
By Leika Kihara TOKYO (Reuters) - Japan's monetary base, or the amount of cash circulating in the economy, grew at the slowest annual pace in seven months in March, a sign the central bank was phasing...
Apr 02, 2024
UK shop prices rise at slowest pace since December 2021
LONDON (Reuters) - Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consortium (BRC) said on Tuesday, adding to signs that the country's inflation s...
Apr 02, 2024
Malaysia's Petronas inks deal with JERA to study carbon capture and storage
(Reuters) - Malaysian state-run energy firm Petronas said on Tuesday it has signed a joint study agreement with Japanese power generation company JERA to evaluate the feasibility of the carbon capture...
Apr 02, 2024
Several people injured in drone attack on industrial sites in Russia's Tatarstan - agencies
MOSCOW (Reuters) - Drones attacked industrial sites in Russia's Tatarstan, Russian news agencies reported on Tuesday, citing local authorities. Several people were injured in the attack. (Reporting by...
Apr 02, 2024
Frontier Airlines overhauls network, turns to premium seats in comeback
By Rajesh Kumar Singh CHICAGO (Reuters) - U.S. no-frills carrier Frontier Airlines is focusing on growing its network in "high fare" markets like Seattle and Detroit at the expense of its footprint in...
Apr 02, 2024
India's March factory growth hits 16-year high, hiring picks up
By Anant Chandak BENGALURU (Reuters) - India's manufacturing industry enjoyed solid growth in March, expanding at the fastest pace in 16 years thanks to accelerating demand, according to a survey that...
Apr 02, 2024
UBS launches new $2bn share buyback
ZURICH (Reuters) - UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion. The scheme will begin on Wednesday, April 3, the Swiss bank said. (Reporting by John Rev...
Apr 02, 2024
Cryptoverse: Ether fettered by fate of spot ETF proposals
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin. The no. 2 cryptocurrency, which commands less than a fifth of th...
Apr 02, 2024
